Fogee Review: a Dangerous Broker

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Fogee Review
  • Regulation
  • Fund Safety
  • Customer Support


Fogee does not have any evidence of successful withdrawal transactions made by customers. Also if the services it offers displease you cannot have your money back as they do not have a refund policy.

Fogee is an online trading company that guarantees the best services. However, they promise investors an opportunity to benefit while investing in forex stocks and commodities, among other assets. Accordingly, as smart traders, there are several factors which you should pay attention to before investing a single amount in any platform. Therefore as you read this impartial review on Fogee, we highlight the murkiness it exposes. The trading world is not a walk in the park without reliable strategies.

Fogee Review, Fogee Company

Meanwhile, these reliable forex brokers apply tried and tested strategies. You can count on them for profit, unlike Fogee, which only estimates massive returns that are barely attainable even in well-established companies within the time it projects. Furthermore, you immediately question its services at first glance at the website, Fogee fails to provide relevant information that explains its operation.

The company claims to provide all that traders need to invest in the market. Also, they guarantee the best trade conditions and security while investing. However, the main concern is providing the ‘incredible’ services. They immediately require you to set up an account and start benefiting profitably from its services. Also, if the market were this easy to invest in, everyone would invest and make profits. The traffic they attract also explains why you should not invest a single dime in the company. Review claims to use top-notch technology in attaining profits. The company provides tools to assist all sorts of traders.  However, investing without proper education and understanding of the market will only expose you to more losses. Also, the company does not provide any video tutorials or webinars to assist beginners in understanding the market. Fogee only features basic explanations of trading terms, which hardly helps generate returns. You can find similar information across the internet for no extra cost. guaranteed automatic trading services. Using automatic tools is advisable since they do not have emotional interference during investment. However, it would help if you were cautious because scammers also tend to promise the use of sophisticated tools. Relying on inadequate tools will expose you to massive losses, and your trading experience will be awful.

Fogee not only fails in transparency on how it operates. Also, they fail to provide information about the founders and the employees. There is no certainty that you are relying on professionals for trade directions. They do not provide any qualifications data of founders to prove their expertise. Scammers maintain anonymity because they open clone companies and rob money from innocent traders.

How Operates does not have a suitable style of operation that you can count on. Besides, the market faces vast competition, and you’ll only end up attracting losses without proper strategies. The company operates anonymously, and it’s unheard of for such traits to pay off. Fogee exposes numerous similarities to scam companies. So expecting them to function any differently is absurd.

Fogee will find ways to persuade you into making deposits. Therefore you’ll receive alerts via email and telephone contacts. They will urge you to seize one-time opportunities and guarantee massive profits within short periods. Also, you may come across bonuses on the first deposit up to 100% to match up your investment amount. Additionally, when you fall for the catch, consider any business between you and them over. Scammers will result in denying you access to any of the services it offers, including your account.

Fogee software is not compatible with Metatrader, suitable for investment purposes. Therefore the web-trader they feature may expose you to third-party attacks. Fogee does not have any past trade activities to determine expected outcomes. You should not expect some preferential treatment. Therefore trade data for at least 3 months or more help estimate trade outcomes. 

Fogee Funds Safety

Fogee does not guarantee any safety of funds. Furthermore, investing even a single dime in the company is at your own risk. The company operates anonymously, and the style of operation and that of the founders is a mystery. In addition, the safety of your money should be a top priority to consider in an entity.

Relying on mysterious people not only puts your funds at risk. Personal data as well may end up in the wrong hands. They do not expose evidence of swift transactions made by customers. Also, the company has a shady reputation across the internet, and negative remarks are more than positive.

Fogee only seems to benefit the unsung people behind its operation. Furthermore, due to the absence of banking information, they might result in keeping your money in personal accounts. Fogee does not have a demo account that lets you familiarise yourself with the style of operation before investing real money.

Deposit and Withdrawals

Fogee does not reveal to its customers what is the minimum trading amount. The company also does not mention any reliable funding options. Accordingly, they will persuade you to make hefty deposits for no reason when you contact them. Also, wire transfer transactions are irreversible. Hence it would help to use the credit or debit option for a chargeback of up to 540 days. Review, Features

Fogee does not have any evidence of successful withdrawal transactions made by customers. Also if the services it offers displease you cannot have your money back as they do not have a refund policy. You should have instant access to your funds upon withdrawal request. 

Fogee, just like every other scammer, will find ways to hold on to your money for long. They persuade you to wait for mysterious profits as they disappear with your cash. Fogee does not have any data on withdrawal or deposits, and your money is not safe in the entity.

Customer Support

Fogee does not provide any location wearables information. Also, there is no certainty in the customer support they provide. You can only reach them via email, and they do not have any telephone contact or any other means of communication.

Fogee exposes numerous similarities to scam companies, and upon receiving your money, they’ll cut off communications with you. Active customer support assists in building more trust between you and the company. Also, they claim to provide a friendly interface, and achieving the same is impossible without proper customer relations.

Fogee Regulation Status

Fogee does not appear under the radar of any responsible regulator. They do not provide any regulation documents to prove that they adhere to regulatory policies. Furthermore, it is illegal in almost all countries to offer investment services without mandatory following regulation measures. Thus different countries set up responsible watchdogs for issuing similar information. You should check with the responsible regulator in your area before investing.

On the other hand, you can count on these regulated forex companies for transparent services. Also yo, you can easily find and verify the regulation documents with the responsible bodies. Unregulated companies barely survive in the market and often the bankruptcy since they can hardly afford regulation fees. Fogee hides the information of the founders because they risk facing criminal charges. 

Final Verdict

Fogee does not showcase any commendable level of transparency. The company operates anonymously and t, they do not showcase any past trading activities. They do not fall under any regulator, and they can easily break trade losses they please. Also, before, investing you should read reviews from reliable sources and do thorough research.

Accordingly, you ca,n consider investing with these forex trading companies for sensible profits. Unlike, you can count on them for pleasing profits and a suitable trade experience. 




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